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Gold/Mining/Energy : Rubicon Minerals

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To: Enigma who wrote (353)12/11/2013 10:54:33 AM
From: wolfgangrene   of 470
 
Assuming the chart shows as annotated and didn't default to a generic chart, RBY is now a daily pincher play.
See the MACD and ADX lines pinching together? The +DI line is around 5. Under 10 is oversold.
The ADX can get as high as 65, but if you follow this chart live (I think it continues to update when you refresh the page) you can actually see the reversal when it happens in real time. When the ADX TURNS DOWN.
I think it gets over 50 first.
The CCI has already been rising. The MACD bars have bee rising......the macd bars usually lead the MACD line
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